Spain to study new ECB measures, sees $156b euro savings
MADRID (AFP) - Spain will study new measures being planned by the European Central Bank (ECB) to ease the euro zone debt crisis before deciding whether to use them, Prime Minister Mariano Rajoy said on Friday.
"I want to know what these measures are to see if they are adequate. Then I will take the best decision for the general interest of the Spanish people," Mr Rajoy told a rare news conference.
"I have not yet made any decision. We still don't know exactly what is being planned. We can't act irresponsibly," he said, of what would be a momentous decision for both Spain and the whole euro zone project.
ECB head Mario Draghi said on Thursday the central bank could intervene directly in the bond markets - and for as long as needed - so as to bring down euro zone borrowing costs but this was contingent on government support and subject to conditions.